How many subsidiaries does PPG INDUSTRIES INC file with the SEC?

158, listed in its most recent exhibit 21. They are incorporated across 49 jurisdictions, led by Delaware, Ohio, Massachusetts. 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is PPG INDUSTRIES INC financially healthy?

PPG INDUSTRIES INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of PPG INDUSTRIES INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

PPG INDUSTRIES INC (PPG)

NYSE · Common Stock · Paints, Varnishes, Lacquers, Enamels & Allied Prods

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

158 entities across 49 jurisdictions, 3 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-19 — see the exhibit.

Which other public companies file entities in the same places:

China20 Delaware16 Mexico14 France11 United Kingdom10 The Netherlands10 Germany8 Italy6 Poland4 Hong Kong4 Canada3 Spain3

Subsidiaries of PPG INDUSTRIES INC as disclosed in its SEC filing
Entity	Jurisdiction	Note
AIPCF V Texstars Blocker Inc.	Delaware
Alpha Coatings, Inc.	Ohio
Cuming Microwave Corporation	Massachusetts
Dexmet Corporation	Delaware
Dexmet Holding Corporation	Delaware
Ennis Canadian Holding Company	Texas
Ennis-Flint, Inc.	North Carolina
MetoKote Corporation	Delaware
Metokote Mexico Holdings, Inc.	Ohio
Polymeric Systems, Inc.	Delaware
PPG Advanced Surface Technologies, LLC

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 8

PASSReturn on assets positiveROA 7.1%
PASSOperating cash flow positiveOCF 1.9B
PASSReturn on assets improving5.7% → 7.1%
PASSCash flow exceeds earningsOCF 1.9B vs NI 1.6B
FAILLong-term debt ratio falling25.1% → 29.9% of assets
PASSCurrent ratio improving1.31 → 1.62
PASSNo share dilution235M → 227M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.82× → 0.72×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$13.8B	$1.1B	$1.8B	—	237,900,000
FY2021	$16.8B	$1.4B	$1.2B	—	239,400,000
FY2022	$17.7B	$1.0B	$445.0M	—	237,300,000
FY2023	$18.2B	$1.3B	$1.9B	—	237,200,000
FY2024	$15.8B	$1.1B	$699.0M	—	234,900,000
FY2025

Ownership flow

1 institutions tracked — 1 added, 0 reduced.

Institutional holders of PPG INDUSTRIES INC and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	6,082,060	+38,571	$734.8M

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0000079879
LEI: 549300BKPEP01R3V6C59
FIGI: BBG000BRJ809
SIC: 2851 · Paints, Varnishes, Lacquers, Enamels & Allied Prods
Incorporated: PA
Headquarters: PITTSBURGH, PA

Ownership

Institutional: 94.2%
Institutions: 1,475
Insiders: 0.1%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other paints, varnishes, lacquers, enamels & allied prods companies

PPG INDUSTRIES INC files under SIC 2851 — all 3 paints, varnishes, lacquers, enamels & allied prods companies compared on assets and F-score.

RPM INTERNATIONAL INC/DE/RPM Axalta Coating Systems Ltd.AXTA

Questions about PPG INDUSTRIES INC

How many subsidiaries does PPG INDUSTRIES INC file with the SEC?: 158, listed in its most recent exhibit 21. They are incorporated across 49 jurisdictions, led by Delaware, Ohio, Massachusetts. 3 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is PPG INDUSTRIES INC financially healthy?: PPG INDUSTRIES INC scores 6 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of PPG INDUSTRIES INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.